Attached files
| file | filename |
|---|---|
| 8-K - 8-K - XCEL ENERGY INC | a8-kholdcodebtofferingmarc.htm |
| EX-5.01 - EXHIBIT 5.01 - XCEL ENERGY INC | exhibit501march2016.htm |
| EX-4.02 - EXHIBIT 4.02 - XCEL ENERGY INC | exhibit402march2016.htm |
Exhibit 12.01
XCEL ENERGY INC. AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands, except ratio)
Year Ended Dec. 31 | ||||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
Earnings, as defined: | ||||||||||||||||||||
Pretax income | $ | 1,527,204 | $ | 1,545,121 | $ | 1,432,210 | $ | 1,355,402 | $ | 1,309,690 | ||||||||||
Add: Fixed charges | 700,512 | 677,390 | 686,258 | 734,564 | 725,375 | |||||||||||||||
Add: Dividends from unconsolidated subsidiaries | 40,128 | 36,707 | 36,416 | 33,470 | 34,034 | |||||||||||||||
Deduct: Equity earnings of unconsolidated subsidiaries | 34,390 | 30,151 | 30,020 | 29,971 | 30,527 | |||||||||||||||
Total earnings, as defined | $ | 2,233,454 | $ | 2,229,067 | $ | 2,124,864 | $ | 2,093,465 | $ | 2,038,572 | ||||||||||
Fixed charges, as defined: | ||||||||||||||||||||
Interest charges | $ | 595,282 | $ | 566,608 | $ | 575,199 | $ | 601,582 | $ | 591,098 | ||||||||||
Interest charges on life insurance policy borrowings | 233 | 214 | 245 | 310 | 332 | |||||||||||||||
Interest component of leases | 104,997 | 110,568 | 110,814 | 132,672 | 133,945 | |||||||||||||||
Total fixed charges, as defined | $ | 700,512 | $ | 677,390 | $ | 686,258 | $ | 734,564 | $ | 725,375 | ||||||||||
Ratio of earnings to fixed charges | 3.2 | 3.3 | 3.1 | 2.8 | 2.8 | |||||||||||||||